Conservatives revolt over talk of keeping ObamaCare tax
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Title : Conservatives revolt over talk of keeping ObamaCare tax
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Title : Conservatives revolt over talk of keeping ObamaCare tax
link : Conservatives revolt over talk of keeping ObamaCare tax
newstoday-ok.blogspot.com ~Conservative groups are warning GOP senators against keeping an ObamaCare tax on investment income in their healthcare bill, an idea that has gained some traction among lawmakers.
GOP lawmakers have floated keeping ObamaCare’s 3.8 percent net investment income tax to help pay for more generous healthcare subsidies for low-income people. Democrats criticized an earlier version of the Senate’s healthcare bill for eliminating the tax because it generally applies to high earners.
But prominent conservatives argue Democrats will criticize the bill regardless of what happens with the tax. They say the tax is harmful to economic growth and should be repealed.
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GOP lawmakers have floated keeping ObamaCare’s 3.8 percent net investment income tax to help pay for more generous healthcare subsidies for low-income people. Democrats criticized an earlier version of the Senate’s healthcare bill for eliminating the tax because it generally applies to high earners.
But prominent conservatives argue Democrats will criticize the bill regardless of what happens with the tax. They say the tax is harmful to economic growth and should be repealed.
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You are now reading the article Conservatives revolt over talk of keeping ObamaCare tax With link address https://newstoday-ok.blogspot.com/2017/07/conservatives-revolt-over-talk-of.html